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来源类型Working Paper
规范类型报告
DOI10.3386/w14714
来源IDWorking Paper 14714
Financial Patenting in Europe
Bronwyn H. Hall; Grid Thoma; Salvatore Torrisi
发表日期2009-02-13
出版年2009
语种英语
摘要We take a first look at financial patents at the European Patent Office (EPO). As is the case at the US Patent and Trademark Office (USPTO), the number of financial patents in Europe has increased significantly in parallel with significant changes in payment and financial systems. Scholars have argued that financial patents, like other business methods patents, have low value and are owned for strategic reasons rather than for protecting real inventions. We find that established firms in non-financial sectors with diversified patent portfolios own a large share of financial patents at the EPO. However, new specialized technology providers in the financial area also hold a number of such patents. Decisions on the financial patent applications take longer and they are more likely to be refused by the patent office, suggesting greater uncertainty over validity than for other patents. They are also more likely to be opposed, which is consistent with the fact that their other economic value indicators are higher.
主题Financial Economics ; Financial Institutions ; Industrial Organization ; Industry Studies ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w14714
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/572390
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GB/T 7714
Bronwyn H. Hall,Grid Thoma,Salvatore Torrisi. Financial Patenting in Europe. 2009.
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